In July 2013, the Group paid out some $4.7b (or $3.28 per share) to shareholders in a capital reduction exercise.

8

In January 2014, the Group completed the relisting of its property arm, FCL by undertaking an in-specie distribution of FCL shares to F&N shareholders. F&N shareholders received, without cash outlay, two FCL shares for each F&N share owned. Shares of FCL were listed by way of introduction on the Mainboard of the SGX on 9 January 2014.

9

In April 2014, the Group paid out $607m (or $0.42 per share) to shareholders in a capital reduction exercise.

10

Excludes capital distribution of $3.28 per share in FY2013 and $0.42 per share in FY2014.